Paul Tudor Jones says he still has Bitcoin exposure amid market downturn By Cointelegraph
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Paul Tudor Jones says he still has Bitcoin exposure amid market downturnVeteran investor Paul Tudor Jones said he still has a “very minor allocation” in amid the price volatility, citing economic patterns since the 1970s as part of his reasons for hodling.
In an Oct. 10 interview on CNBC, Jones said he thought cryptocurrencies like Bitcoin BTC “will have value” at some point in the future higher than the current price of $19,236. The hedge fund manager with a reported net worth of roughly $7.5 billion said monetary policy in the 2020s could be focused on “debt dynamics country-by-country,” with fiscal retrenchment or higher-term premiums in bond markets and stock markets.
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Paul Tudor Jones says he still has Bitcoin exposure amid market downturnVeteran investor Paul Tudor Jones said he still has a “very minor allocation” in amid the price volatility, citing economic patterns since the 1970s as part of his reasons for hodling.
In an Oct. 10 interview on CNBC, Jones said he thought cryptocurrencies like Bitcoin BTC “will have value” at some point in the future higher than the current price of $19,236. The hedge fund manager with a reported net worth of roughly $7.5 billion said monetary policy in the 2020s could be focused on “debt dynamics country-by-country,” with fiscal retrenchment or higher-term premiums in bond markets and stock markets.
Continue Reading on Coin Telegraph
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